U.S. markets closed

  • S&P 500

    4,682.85
    +33.58 (+0.72%)
     

  • Dow 30

    36,100.31
    +179.11 (+0.50%)
     

  • Nasdaq

    15,860.96
    +156.66 (+1.00%)
     

  • Russell 2000

    2,411.78
    +2.64 (+0.11%)
     

  • Crude Oil

    80.69
    -0.90 (-1.10%)
     

  • Gold

    1,867.70
    +3.80 (+0.20%)
     

  • Silver

    25.41
    +0.11 (+0.43%)
     

  • EUR/USD

    1.1446
    -0.0008 (-0.07%)
     

  • 10-Yr Bond

    1.5820
    +0.0220 (+1.41%)
     

  • GBP/USD

    1.3422
    +0.0056 (+0.42%)
     

  • USD/JPY

    113.9200
    -0.1260 (-0.11%)
     

  • BTC-USD

    64,126.69
    -2.07 (-0.00%)
     

  • CMC Crypto 200

    1,589.73
    -26.49 (-1.64%)
     

  • FTSE 100

    7,347.91
    -36.27 (-0.49%)
     

  • Nikkei 225

    29,609.97
    +332.07 (+1.13%)
     
Webinar:

Yahoo Finance Plus presents 'Energy: A Return to Fossil Fuels'

Is the fossil fuel recovery real, or a stepping stone to a fossil-free future? Register now for our 11/17 webinar at 2PM ET

Why Jim Cramer Recommends Buying Trade Desk

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
Craig Jones
·1 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

On CNBC’s "Mad Money Lightning Round," Jim Cramer said he could see a "short-term trade" in Gogo Inc. (NASDAQ: GOGO) following the reopening of the world with people expected to travel aggressively.

The "Mad Money" host said The Trade Desk, Inc. (NASDAQ: TTD) reported an exceptional quarter and is a great alternative to Alphabet Inc’s (NASDAQ: GOOG) Google. He recommends buying the stock.

When asked about Piedmont Lithium Inc. (NASDAQ: PLL), Cramer said he doesn’t care for the lithium stocks as they are "too high."

Price Action: Shares of Gogo fell 0.3% to close at $15.03, while Trade Desk shares gained 3.3% to settle at $91.55 on Thursday.

Piedmont Lithium’s stock closed at $62.97, up 7.9%.

See more from Benzinga

© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Recommended Stories

  • 3 Unstoppable Dividend Stocks to Buy If There's a Stock Market Crash

    Despite the benchmark S&P 500 (SNPINDEX: ^GSPC) losing a third of its value in roughly a month during the first quarter of 2020, the index has since more than doubled. Given a number of variables, there looks to be a growing likelihood of downside in the S&P 500. As an example, margin debt hit an all-time high earlier this year and jumped by more than 60% from the prior-year period.

  • Apple App Store Analysis: Starbucks Heats Up As The Weather Cools Down

    As the weather cools off, the Starbucks Corp (NASDAQ: SBUX) mobile app is heating up. The Starbucks app is the 67th most downloaded application in the Apple Inc (NASDAQ: AAPL) app store as of Friday. The app was ranked 141st on the list at the end of October, before seeing download volume increase at the beginning of November, according to data from SimilarWeb. During November, the Starbucks app has trended as low as 170th and as high as 64th and is currently near the top of that range. Starbuck

  • The Week In Cannabis: Earnings Season, A GOP Legalization Bill, Seth Rogen & Sarah Silverman's Campaign

    Below is a recap of the main news related to the cannabis industry and markets for the week of November 8, 2021. Contents Earnings Season Analyst Reactions GOP Lawmakers Present Cannabis Legalization Bill Seth Rogen, Sarah Silverman, Marijuana Giants Launch Initiative Urging Congress To Legalize Pot Texas Judge Blocks State From Enforcing Ban On Delta-8 THC VA Rejects Cannabis Research As Veterans Plead For Medical Cannabis Cashless Bank Transfers For Cannabis Companies? 22 Governors Say Yes And

  • Is AMD Stock A Buy After Chipmaker's Third-Quarter Earnings Report?

    Advanced Micro Devices stock has risen on expectations for continued market share gains in processors for PCs and servers. After a pullback in its shares, is AMD stock a buy right now?

  • Op-Ed: Think Facebook is invincible? Here's how the social media giant can be held accountable

    Online platforms should be liable for harmful products and misleading public statements.

  • Why Canopy Growth Shares Are Trading Higher Today

    Canopy Growth Corp (NASDAQ: CGC) is trading higher Friday on continued legalization hopes amid a Republican-leg marijuana legalization bill. The stock is also moving in sympathy with Sundial Growers Inc (NASDAQ: SNDL), which reported its third-quarter financial results and announced a share repurchase program. Sundial reported quarterly net earnings of $11.3 million Canadian dollars ($8.99 million), which is up from a loss of CAD$71.4 million year-over-year. The company reported quarterly adjust

  • Analysts Cut Price Targets On Paysafe Post Q3 Miss

    Analysts lowered price targets on Paysafe (NYSE: PSFE) following Q3 miss and slashed FY21 outlook. RBC Capital analyst Daniel Perlin lowered PT to $9 from $15, implying a 112.3% upside, and maintained an Outperform. The analyst notes that the company's Q3 and guidance were "disappointing" as Paysafe's Digital Wallet segment has come under pressure from open banking/direct to bank apps in Europe, creating substitute goods for its "core wallet," resulting in some share loss. Regulation in Germany

  • 3 Disruptive Stocks to Buy Before Shiba Inu

    Investors should avoid getting caught up in yet another meme-coin frenzy, especially with these quality stocks available as an alternative.

  • If you're worried about a stock market correction, Jim Cramer just mentioned 5 'borderline unstoppable' megatrends for the rest of 2021

    Inflation is at a 31-year high. But these Mad Money megatrends could help you fight back.

  • Backblaze's CEO said his company is ready to accelerate its growth after its stock jumped 24% in its first day on Wall Street

    CEO Gleb Budman said his company's IPO, which raised $100 million, was a way to reassure customers Backblaze was going to be around for the long-haul.

  • How to Protect Your Portfolio From the Inflation Storm

    A classic 60/40 stock/bond strategy could be very leaky. An options play that takes advantage of a market anomaly is likely to do much better.

  • U.S. stocks close higher, Dow reclaims 36,000 perch, but indexes still book weekly losses amid inflation anxiety

    U.S. stocks close higher Friday, with the Dow enjoying a bump from enthusiasm about a breakup of blue-chip component Johnson & Johnson, but the main indexes booked losses for the week.

  • At US$162, Is Skyworks Solutions, Inc. (NASDAQ:SWKS) Worth Looking At Closely?

    Skyworks Solutions, Inc. ( NASDAQ:SWKS ) saw significant share price movement during recent months on the NASDAQGS...

  • Toshiba To Split Into 3 Companies: All You Need To Know

    Toshiba Corp (OTC: TOSYY) announced its intention to separate into three standalone companies. Infrastructure Service Co will consist of Toshiba’s Energy Systems & Solutions, Infrastructure Systems & Solutions, Building Solutions, Digital Solutions, and Battery businesses. Device Co will comprise Toshiba’s Electronic Devices & Storage Solutions business. Toshiba will hold its shares in Kioxia Holdings Corporation (KHC) and Toshiba Tec Corporation. The separation will create two distinctive compa

  • Data Center REITs: A Guide for Investors

    Many investors find real estate investment trusts (REITs) to be a solid investment choice. These companies can provide passive income and long-term growth, without the typical requirements of owning property. One subset of this real estate investment sector has led the … Continue reading → The post Data Center REITs: A Guide for Investors appeared first on SmartAsset Blog.

  • Notable Exela Technologies Insider Makes $160K Buy

    Marc Beilinson, Insider at Exela Technologies (NASDAQ:XELA), made a large insider buy on November 11, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that Beilinson purchased 100,000 shares of Exela Technologies at at a price of $1.61. The total transaction amounted to $161,000. Following the transaction, Beilinson now owns 100,000 shares of Exela Technologies, worth $160,500. Exela Technologies shares are trading

  • Nvidia CEO Huang: AI is ‘the most powerful technology force the world has known’

    Nvidia CEO Jensen Huang says AI is the most powerful technology in the world, and the company is using it to create some impressive new products.

  • Cathie Wood just called this technology the 'next big frontier' with a market opportunity of $80 trillion — here are 3 easy ways to invest in it

    Looking for the next 'big thing'? Cathie Wood knows where to find it.

  • Here's What General Electric's Big Split Means For Investors

    General Electric (NYSE: GE) surprised the market earlier this week by announcing its intent to divide itself into three companies. It makes sense for GE Digital to be included with the power and renewable energy businesses because its main focus is on energy right now.

  • Why Shopify Stock Soared to a New All-Time High Today

    Shares of Shopify (NYSE: SHOP) surged 12% to a record closing high of $1,669.52 on Thursday as investors' enthusiasm for the e-commerce leader reached a fevered pitch. Shopify's third-quarter revenue rocketed 46% year over year to $1.1 billion. "Our results show that Shopify is executing well, giving our merchants the tools they need to compete in differentiated ways in a growing number of markets," Chief Financial Officer Amy Shapero said in the company's earnings release.